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S&P 500 Closes Lower For A Fifth Day, Posts Longest Losing Streak Since October

Friday, 19 April 2024 09:53 WIB | Market update

The S&P 500 slipped for a fifth straight day on Thursday, placing the benchmark on track for its longest losing streak this year. The broad index lost 0.3%, while the Nasdaq Composite dropped 0.6%. The Dow Jones Industrial Average added 58 points, or 0.1%, as the blue-chip index traded near...

S&P 500 And Nasdaq Close Lower For A Fourth Straight Day As Nvidia Shares Slide

Thursday, 18 April 2024 09:57 WIB | Market update

The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward pressure on the market. The broad index lost 0.58%, while the technology-heavy Nasdaq Composite slipped 1.15%. The Dow Jones Industrial Average fell by 45.66 points,...

S&P 500 Closes Lower As Powell Warns Rates Need To Stay High, Dow Snaps 6-Day Losing Streak

Wednesday, 17 April 2024 09:53 WIB | Market update

The S&P 500 wavered on Tuesday after Federal Reserve chair Jerome Powell said interest rates may need to stay elevated. The broad index lost 0.1%, while the Nasdaq Composite traded around flat. The Dow Jones Industrial Average rose 98 points, or 0.3%, lifted by UnitedHealth shares. Stocks...

S&P 500 And Nasdaq Close 1% Lower As Yields Jump, Traders Await Israel Response To Iran

Tuesday, 16 April 2024 09:59 WIB | Market update

U.S. stocks retreated on Monday as rising yields overshadowed strong Goldman Sachs earnings, hot retail sales data and hopes that the conflict in the Middle East will not escalate further. The Dow Jones Industrial Average lost 248.13 points, or 0.65%, relinquishing an advance of more than 1% seen...

S&P 500 Opens Slightly Higher Friday, But Heads For Worst Weak Of 2024

Saturday, 6 April 2024 03:20 WIB | Market update

U.S. stocks rebounded Friday morning following the index’s worst session in over a year as traders assessed the March jobs report. The S&P 500 gained 0.4%, while the Dow Jones Industrial Average climbed 55 points, or 0.1%. The tech-heavy Nasdaq Composite advanced 0.4%. Job growth totaled...

Dow Opens More Than 250 Points Higher Thursday Following Three Straight Losses

Friday, 5 April 2024 03:24 WIB | Market update

U.S. stocks opened higher on Thursday as investors attempted a recovery from this week’s consecutive losing sessions for the Dow. The Dow Jones Industrial Average increased 280 points, or 0.7%. The S&P 500 gained nearly 0.8%, while the Nasdaq Composite jumped 0.8%. Megacap technology stocks...

S&P 500 Falls For A Third Day As Early Second-Quarter Struggles On Wall Street Continue

Thursday, 4 April 2024 03:24 WIB | Market update

The S&P 500 fell Wednesday for a third day, as Wall Street’s struggles to start the second quarter of 2024 continued. The broad market index dipped about 0.2%. The Dow Jones Industrial Average slid 40 points, or 0.1%. The Nasdaq Composite pulled back 0.4%. ADP data released Wednesday morning...

Dow Drops More Than 300 Points As Tough Start To Quarter Continues, Rates Climb

Wednesday, 3 April 2024 03:21 WIB | Market update

The Dow Jones Industrial Average fell for a second day, continuing Wall Street’s lackluster start to the quarter, as bond yields increased and traders lowered expectations that the Federal Reserve would cut interest rates in June. The 30-stock Dow dropped 343 points, or 0.9%. The S&P 500 slid...

Wall Street Hits Record Closing Highs On Rate-Cut Optimism

Friday, 22 March 2024 10:06 WIB | Market update

Wall Street's three major stock indexes on Thursday registered record closing highs for the second day in a row after the Federal Reserve reassured investors about the prospects for rate cuts this year while chip stocks rallied after Micron Technology's upbeat forecast. Shares in Micron...

Wall St Holds Ground Ahead Of Fed Decision

Thursday, 21 March 2024 06:01 WIB | Market update

Wall Street's main stock indexes were little changed on Wednesday as investors awaited the conclusion of the Federal Reserve's meeting where it is expected to keep interest rates unchanged and provide cues on its monetary policy trajectory. U.S. central bankers will conclude their two-day meeting...

Wall St Ends Down As Tech-Related Shares Fall; Investors Assess Rate Outlook

Saturday, 16 March 2024 10:04 WIB | Market update

U.S. stocks fell on Friday, led by technology-related megacaps that have propelled this year's rally, while investors weighed the interest rate outlook ahead of next week's Federal Reserve meeting. Traders have reined in bets of a June rate cut by the Fed after this week's hotter-than-expected...

Dow Closes More Than 100 Points Lower, Snaps 3-Day Win Streak After Hot Inflation Report

Friday, 15 March 2024 10:01 WIB | Market update

The Dow Jones Industrial Average fell nearly 200 points Thursday after the release of hotter-than-expected U.S. inflation data sent Treasury yields higher, while Nvidia shares were under pressure. The 30-stock Dow pulled back 183 points, or 0.4%. The Nasdaq Composite fell 0.3% while the S&P...

S&P 500, Nasdaq Close Lower Wednesday As Nvidia And Tech Sector Falter

Thursday, 14 March 2024 09:53 WIB | Market update

The S&P 500 was lower on Wednesday, pulling back from a record reached in the previous session, as Nvidia cooled off from its red-hot rally to start 2024. The broad market index slipped 0.2%, while the Nasdaq Composite lost 0.5%. The Dow Jones Industrial Average added 27 points, or...

U.S. Stocks Flat, US Yields Edge Higher Ahead Of Data

Thursday, 14 March 2024 06:00 WIB | Market update

A gauge of global stocks was little changed on Wednesday, pausing after equities in Europe and the U.S. hit record levels in the prior session, as investors looked to the next round of data on inflation and consumer health. Stocks in Europe and the S&P 500 closed at records in the prior...

Dow Jumps More Than 200 Points, S&P 500 Pops 1% For New Closing High

Wednesday, 13 March 2024 10:03 WIB | Market update

U.S. stocks jumped Tuesday after fresh U.S. inflation data was about in line with expectations, clearing the way for investors to resume buying high-flying tech names such as Nvidia and Meta Platforms. The Dow Jones Industrial Average gained 235.83 points, or 0.61%, to close at 39,005.49. The...

S&P 500 Closes Lower For A Second Session As Tech-Fueled Rally Cools

Tuesday, 12 March 2024 10:00 WIB | Market update

The S&P 500 slipped on Monday as the rally that brought the major averages to record highs cooled off. Investors also looked ahead to fresh U.S. inflation data. The broad S&P 500 lost 0.11%, while the technology-heavy Nasdaq Composite slid 0.41%. The Dow Jones Industrial Average added...

S&P 500 Ticks Higher, Heads For Winning Week After Latest Jobs Data

Saturday, 9 March 2024 04:27 WIB | Market update

The S&P 500 rose, on track for a winning week, as traders bet a rising unemployment rate would clear the way for the Federal Reserve to begin cutting interest rates. The broad market index advanced about 0.2%. The Dow Jones Industrial Average climbed 30 points, or 0.1%.The Nasdaq Composite...

U.S. Stocks Gain For A Second Day On Easing Inflation Hopes

Friday, 8 March 2024 04:22 WIB | Market update

U.S. stocks rose Thursday, as hope over easing inflation and gains in tech helped Wall Street claw back more of this week’s losses. The Dow Jones Industrial Average gained 198 points, or 90.5%. The Nasdaq Composite climbed 0.7%, and the S&P 500 rose 0.6%. Victoria’s Secret plunged 29% after...

Dow Rises 200 Points As Stock Market Tries To Rebound From Sell-Off

Thursday, 7 March 2024 04:20 WIB | Market update

U.S. stocks rose Wednesday, lifted by recovering technology stocks after back-to-back losing sessions on Wall Street. The Dow Jones Industrial Average traded 200 points higher at the open, or 0.5%. The S&P 500 gained 0.7%. The Nasdaq Composite climbed 1%. CrowdStrike soared more than 18% on...

Dow Falls More Than 100 Points As Wall Street Continues To Pull Back From Records

Wednesday, 6 March 2024 04:26 WIB | Market update

U.S. stocks ticked lower Tuesday, putting Wall Street on track to build on the previous session’s decline as the market eases from record levels. The Dow Jones Industrial Average lost 105 points, or 0.3%. The S&P 500 dipped 0.4%, and the Nasdaq Composite pulled back by 0.8%. AMD shares...

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